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BDX Becton Dickinson & Co

NYSE, CIK 0000010795, fiscal year ends 09/30. Last price 198.91 on 2026-10-23, market value 54.2 billion dollars.

Machine-readable: BDX.json, BDX.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	46	ok	2025-09-30 stale: Revenue	2013–2025	2026-10-23	14 verified, 21 unverified	method
Magic Formula	35	ok	2025-12-31 stale: operating_income_q, operating_income_q	—	2026-10-23	—	method
Momentum	80	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	ok	2026-10-23	—	—	—	method
Buffett Quality	28 partial, missing 6, 7	partial: 6, 7	2026-06-30	2016–2025	2026-10-23	0 verified, 38 unverified	method
Lynch GARP	42	ok	2026-06-30	2020–2025	2026-10-23	0 verified, 6 unverified	method
Graham Enterprising	38	ok	2026-06-30	2020–2025	2026-10-23	0 verified, 10 unverified	method
Piotroski F-Score	44 partial, missing 2, 4	partial: 2, 4	—	2024–2026	—	0 verified, 24 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	198.91	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	272,386,800	underlying shares	2026-06-30	SEC cover page 10-Q 0000010795-26-000035 (272,386,800 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/10795/000001079526000035/bdx-20260630.htm 0000010795-26-000035
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	54,180,458,388	USD	2026-10-23 shares at 2026-06-30	198.91 (price 2026-10-23) / 1 x 272,386,800 (shares at 2026-06-30) = 54,180,458,388

Graham Defensive

46 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	21.84 revenue $B	>= 1	5.0 / 5
2a Current ratio	0.87	>= 2.0	0.0 / 15
2b Long-term debt vs working capital working capital not positive	— LTD / WC	<= 1.0	0.0 / 15
3 Positive earnings each of 10 years	10 of 10	10 of 10	15.0 / 15
4 Dividends every year for 20 years	20 of 20 XBRL check: 13 years agree, 7 unverified	20 of 20	15.0 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago	4.61 -> 5.54 (+20%)	>= +33%	6.1 / 10
6 P/E on 3-year average EPS	35.9	<= 15	0.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 2.22, product 79.7	<= 1.5 or <= 22.5	5.2 / 10

Inputs, 37 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	198.91	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	21840000000.0	2025-09-30 stale	SEC XBRL Revenues 0000010795-25-000099	unverified
current_assets	8139000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000010795-26-000035	unverified
current_liabilities	9404000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000010795-26-000035	unverified
lt_debt	13511000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0000010795-26-000035	unverified
equity	24416000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000010795-26-000035	unverified
Net income FY2016	976000000.0	2016-09-30 history	SEC XBRL NetIncomeLoss 0000010795-18-000036	unverified
Net income FY2017	1100000000.0	2017-09-30 history	SEC XBRL NetIncomeLoss 0000010795-19-000044	unverified
Net income FY2018	311000000.0	2018-09-30 history	SEC XBRL NetIncomeLoss 0000010795-20-000055	unverified
Net income FY2019	1233000000.0	2019-09-30 history	SEC XBRL NetIncomeLoss 0000010795-21-000091	unverified
Net income FY2020	874000000.0	2020-09-30 history	SEC XBRL NetIncomeLoss 0001628280-22-030686	unverified
Net income FY2021	2092000000.0	2021-09-30 history	SEC XBRL NetIncomeLoss 0000010795-23-000098	unverified
Net income FY2022	1779000000.0	2022-09-30 history	SEC XBRL NetIncomeLoss 0000010795-24-000084	unverified
Net income FY2023	1484000000.0	2023-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Net income FY2024	1705000000.0	2024-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Net income FY2025	1678000000.0	2025-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Dividend years (Yahoo)	[2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	verified (partly: XBRL covers 13 of 20 years)
Dividends per share FY2013 (XBRL)	1.98	2013-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001628280-15-008984	verified
Dividends per share FY2014 (XBRL)	2.18	2014-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001628280-16-021658	verified
Dividends per share FY2015 (XBRL)	2.4	2015-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-17-000021	verified
Dividends per share FY2016 (XBRL)	2.64	2016-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-18-000036	verified
Dividends per share FY2017 (XBRL)	2.92	2017-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-19-000044	verified
Dividends per share FY2018 (XBRL)	3.0	2018-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-20-000055	verified
Dividends per share FY2019 (XBRL)	3.08	2019-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-21-000091	verified
Dividends per share FY2020 (XBRL)	3.16	2020-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0001628280-22-030686	verified
Dividends per share FY2021 (XBRL)	3.32	2021-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-23-000098	verified
Dividends per share FY2022 (XBRL)	3.48	2022-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-24-000084	verified
Dividends per share FY2023 (XBRL)	3.64	2023-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-25-000099	verified
Dividends per share FY2024 (XBRL)	3.8	2024-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-25-000099	verified
Dividends per share FY2025 (XBRL)	4.16	2025-09-30 history	SEC XBRL CommonStockDividendsPerShareCashPaid 0000010795-25-000099	verified
EPS diluted FY2014	5.99	2014-09-30 history	SEC XBRL EarningsPerShareDiluted 0001628280-16-021658	unverified
EPS diluted FY2015	3.35	2015-09-30 history	SEC XBRL EarningsPerShareDiluted 0000010795-17-000021	unverified
EPS diluted FY2016	4.49	2016-09-30 history	SEC XBRL EarningsPerShareDiluted 0000010795-18-000036	unverified
EPS diluted FY2023	4.94	2023-09-30 history	SEC XBRL EarningsPerShareDiluted 0000010795-25-000099	unverified
EPS diluted FY2024	5.86	2024-09-30 history	SEC XBRL EarningsPerShareDiluted 0000010795-25-000099	unverified
EPS diluted FY2025	5.82	2025-09-30 history	SEC XBRL EarningsPerShareDiluted 0000010795-25-000099	unverified
Shares outstanding	272386800.0	2026-06-30	SEC cover page 10-Q 0000010795-26-000035 (272,386,800 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/10795/000001079526000035/bdx-20260630.htm 0000010795-26-000035	not cross-checked

Magic Formula

35 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (16,808,000,000) - cash	3.29 % (rank 140)
Return on capital (EBIT/(NWC+PPE)) net working capital -1,265,000,000 used as reported	47.99 % (rank 88)
Combined rank	228

Inputs, 16 numbers with their sources

Input	Value	Period	Source	Check
operating_income	2579000000.0	2025-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-25-000099	not cross-checked
operating_income_q	552000000.0	2025-12-31 stale	SEC XBRL OperatingIncomeLoss (quarter CY2025Q4) 0000010795-26-000005	not cross-checked
operating_income_q	453000000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss (quarter CY2024Q4) 0000010795-26-000005	not cross-checked
operating_income_q	93000000.0	2026-03-31 stale	SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0000010795-26-000026	not cross-checked
operating_income_q	383000000.0	2025-03-31 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0000010795-26-000026	not cross-checked
operating_income_q	663000000.0	2026-06-30	SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0000010795-26-000035	not cross-checked
operating_income_q	739000000.0	2025-06-30 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0000010795-26-000035	not cross-checked
current_assets	8139000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000010795-26-000035	not cross-checked
current_liabilities	9404000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000010795-26-000035	not cross-checked
cash	708000000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000010795-26-000035	not cross-checked
ppe_net	6083000000.0	2026-06-30	SEC XBRL PropertyPlantAndEquipmentNet 0000010795-26-000035	not cross-checked
lt_debt	13511000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0000010795-26-000035	not cross-checked
total_debt	3297000000.0	2026-06-30	SEC XBRL DebtCurrent 0000010795-26-000035	not cross-checked
shares_out	272386800.0	2026-06-30	SEC cover page 10-Q 0000010795-26-000035 (272,386,800 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/10795/000001079526000035/bdx-20260630.htm 0000010795-26-000035	not cross-checked
Price (close)	198.91	2026-10-23	Yahoo Finance / Alpaca Market Data	not cross-checked
note	debt = LongTermDebtNoncurrent + DebtCurrent			not cross-checked

Momentum

80 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	27.6 % (percentile 75.8)	37.9 / 50
6 month return	30.1 % (percentile 87.3)	17.5 / 20
Price / 52-week high	0.992	14.9 / 15
Volatility penalty (60d annualised)	23.6 %	10.1 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	198.91	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. ok. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.08 bp	-1.9 / 0

Inputs, 4 numbers with their sources

Input	Value	Period	Source	Check
Form 4 S Goette Roland 2026-08-11	440887.92	2026-08-11	SEC Form 4 (insider transactions data set)	not cross-checked
excluded 2026-09-28 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-26 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-13 S	10b5-1 plan		rule	not cross-checked

Buffett Quality

28 of 100. partial: 6, 7. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	5.7% over 8 yrs	>= 15%	0.0 / 25
2 Profitable every year	10 of 10	all years	15.0 / 15
3 Net income growth, 3-yr average now vs start of window	+10.7% a year	>= +10%	10.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebtNoncurrent + DebtCurrent	10.4 years	<= 4	0.0 / 15
5 Operating margin, 5-yr average	11.7%	>= 20%	3.1 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex) needs operating cash flow and capex for at least 4 of the last 5 years	1 years	>= 1.0	None / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap) needs three years of free cash flow	—	>= 7%	None / 15

Inputs, 39 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	198.91	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2018	311000000.0	2018-09-30 history	SEC XBRL NetIncomeLoss 0000010795-20-000055	unverified
Equity at FY2018 end	20994000000.0	2018-09-30 history	SEC XBRL StockholdersEquity 0000010795-19-000044	unverified
Net income FY2019	1233000000.0	2019-09-30 history	SEC XBRL NetIncomeLoss 0000010795-21-000091	unverified
Equity at FY2019 end	21081000000.0	2019-09-30 history	SEC XBRL StockholdersEquity 0000010795-20-000055	unverified
Net income FY2020	874000000.0	2020-09-30 history	SEC XBRL NetIncomeLoss 0001628280-22-030686	unverified
Equity at FY2020 end	23765000000.0	2020-09-30 history	SEC XBRL StockholdersEquity 0000010795-21-000091	unverified
Net income FY2021	2092000000.0	2021-09-30 history	SEC XBRL NetIncomeLoss 0000010795-23-000098	unverified
Equity at FY2021 end	23677000000.0	2021-09-30 history	SEC XBRL StockholdersEquity 0001628280-22-030686	unverified
Net income FY2022	1779000000.0	2022-09-30 history	SEC XBRL NetIncomeLoss 0000010795-24-000084	unverified
Equity at FY2022 end	25282000000.0	2022-09-30 history	SEC XBRL StockholdersEquity 0000010795-23-000098	unverified
Net income FY2023	1484000000.0	2023-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Equity at FY2023 end	25796000000.0	2023-09-30 history	SEC XBRL StockholdersEquity 0000010795-24-000084	unverified
Net income FY2024	1705000000.0	2024-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Equity at FY2024 end	25890000000.0	2024-09-30 history	SEC XBRL StockholdersEquity 0000010795-25-000099	unverified
Net income FY2025	1678000000.0	2025-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Equity at FY2025 end	25390000000.0	2025-09-30 history	SEC XBRL StockholdersEquity 0000010795-26-000035	unverified
Net income FY2016	976000000.0	2016-09-30 history	SEC XBRL NetIncomeLoss 0000010795-18-000036	unverified
Net income FY2017	1100000000.0	2017-09-30 history	SEC XBRL NetIncomeLoss 0000010795-19-000044	unverified
Net income FY2018	311000000.0	2018-09-30 history	SEC XBRL NetIncomeLoss 0000010795-20-000055	unverified
Net income FY2019	1233000000.0	2019-09-30 history	SEC XBRL NetIncomeLoss 0000010795-21-000091	unverified
Net income FY2020	874000000.0	2020-09-30 history	SEC XBRL NetIncomeLoss 0001628280-22-030686	unverified
Net income FY2021	2092000000.0	2021-09-30 history	SEC XBRL NetIncomeLoss 0000010795-23-000098	unverified
Net income FY2022	1779000000.0	2022-09-30 history	SEC XBRL NetIncomeLoss 0000010795-24-000084	unverified
Net income FY2023	1484000000.0	2023-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Net income FY2024	1705000000.0	2024-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Net income FY2025	1678000000.0	2025-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
lt_debt	13511000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0000010795-26-000035	unverified
total_debt	3297000000.0	2026-06-30	SEC XBRL DebtCurrent 0000010795-26-000035	unverified
Operating income FY2021	2250000000.0	2021-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-23-000098	unverified
Revenue FY2021	19131000000.0	2021-09-30 history	SEC XBRL Revenues 0000010795-23-000098	unverified
Operating income FY2022	2282000000.0	2022-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-24-000084	unverified
Revenue FY2022	18870000000.0	2022-09-30 history	SEC XBRL Revenues 0000010795-24-000084	unverified
Operating income FY2023	2111000000.0	2023-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-25-000099	unverified
Revenue FY2023	19372000000.0	2023-09-30 history	SEC XBRL Revenues 0000010795-25-000099	unverified
Operating income FY2024	2397000000.0	2024-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-25-000099	unverified
Revenue FY2024	20178000000.0	2024-09-30 history	SEC XBRL Revenues 0000010795-25-000099	unverified
Operating income FY2025	2579000000.0	2025-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-25-000099	unverified
Revenue FY2025	21840000000.0	2025-09-30 history	SEC XBRL Revenues 0000010795-25-000099	unverified

Lynch GARP

42 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points)	2.07	<= 1.0	0.0 / 30
2 EPS growth, 5-yr compound rate	+16.5% a year	12% to 35% a year	20.0 / 20
3 P/E on latest annual EPS	34.2	<= 25	3.9 / 10
4 Borrowings / equity LongTermDebtNoncurrent + DebtCurrent	0.69	<= 0.5	12.2 / 15
5 Years of the last 5 in which EPS rose	2 of 5	5 of 5	6.0 / 15
6 Net cash (cash minus borrowings) / market cap	-29.7%	>= +10%	0.0 / 10

Inputs, 7 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	198.91	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	5.82	2025-09-30 history	SEC XBRL EarningsPerShareDiluted 0000010795-25-000099	unverified
EPS diluted FY2020	2.71	2020-09-30 history	SEC XBRL EarningsPerShareDiluted 0001628280-22-030686	unverified
lt_debt	13511000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0000010795-26-000035	unverified
total_debt	3297000000.0	2026-06-30	SEC XBRL DebtCurrent 0000010795-26-000035	unverified
equity	24416000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000010795-26-000035	unverified
cash	708000000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000010795-26-000035	unverified

Graham Enterprising

38 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	0.87	>= 1.5	0.0 / 15
2 Borrowings vs working capital working capital not positive	—	<= 1.1x	0.0 / 15
3 No earnings deficit in the last 5 years	5 of 5 profitable	5 of 5	15.0 / 15
4 Pays a current dividend	yes	yes	10.0 / 10
5 EPS higher than five years earlier	2.71 -> 5.82	higher	10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	2.22	<= 1.2	3.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive	—	<= 0.67	0.0 / 15

Inputs, 13 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	198.91	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	8139000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000010795-26-000035	unverified
current_liabilities	9404000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000010795-26-000035	unverified
Net income FY2021	2092000000.0	2021-09-30 history	SEC XBRL NetIncomeLoss 0000010795-23-000098	unverified
Net income FY2022	1779000000.0	2022-09-30 history	SEC XBRL NetIncomeLoss 0000010795-24-000084	unverified
Net income FY2023	1484000000.0	2023-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Net income FY2024	1705000000.0	2024-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Net income FY2025	1678000000.0	2025-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
Dividend years (Yahoo)	[2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	not cross-checked
EPS diluted FY2025	5.82	2025-09-30 history	SEC XBRL EarningsPerShareDiluted 0000010795-25-000099	unverified
EPS diluted FY2020	2.71	2020-09-30 history	SEC XBRL EarningsPerShareDiluted 0001628280-22-030686	unverified
equity	24416000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000010795-26-000035	unverified
Shares outstanding	272386800.0	2026-06-30	SEC cover page 10-Q 0000010795-26-000035 (272,386,800 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/10795/000001079526000035/bdx-20260630.htm 0000010795-26-000035	not cross-checked

Piotroski F-Score

44 of 100. partial: 2, 4. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	3.0%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive an input is not reported for one of the two years	—	pass = 1	None / 11.11111111111111
3 Return on assets improved on the prior year	3.0% -> 3.0%	pass = 1	11.11111111111111 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals) an input is not reported for one of the two years	—	pass = 1	None / 11.11111111111111
5 Long-term debt / assets fell	31.3% -> 31.8%	pass = 1	0.0 / 11.11111111111111
6 Current ratio improved	1.17 -> 1.11	pass = 1	0.0 / 11.11111111111111
7 No new shares issued (share count did not rise)	287M -> 272M	pass = 1	11.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)	11.9% -> 11.8%	pass = 1	0.0 / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.35 -> 0.39	pass = 1	11.11111111111111 / 11.11111111111111

Inputs, 24 numbers with their sources

Input	Value	Period	Source	Check
net_income 2025-09-30	1678000000.0	2025-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
total_assets 2025-09-30	55325000000.0	2025-09-30 history	SEC XBRL Assets 0000010795-26-000035	unverified
net_income 2025-09-30	1678000000.0	2025-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
net_income 2024-09-30	1705000000.0	2024-09-30 history	SEC XBRL NetIncomeLoss 0000010795-25-000099	unverified
total_assets 2025-09-30	55325000000.0	2025-09-30 history	SEC XBRL Assets 0000010795-26-000035	unverified
total_assets 2024-09-30	57286000000.0	2024-09-30 history	SEC XBRL Assets 0000010795-25-000099	unverified
lt_debt 2025-09-30	17620000000.0	2025-09-30 history	SEC XBRL LongTermDebtNoncurrent 0000010795-26-000035	unverified
lt_debt 2024-09-30	17940000000.0	2024-09-30 history	SEC XBRL LongTermDebtNoncurrent 0000010795-25-000099	unverified
total_assets 2025-09-30	55325000000.0	2025-09-30 history	SEC XBRL Assets 0000010795-26-000035	unverified
total_assets 2024-09-30	57286000000.0	2024-09-30 history	SEC XBRL Assets 0000010795-25-000099	unverified
current_assets 2025-09-30	9255000000.0	2025-09-30 history	SEC XBRL AssetsCurrent 0000010795-26-000035	unverified
current_assets 2024-09-30	10468000000.0	2024-09-30 history	SEC XBRL AssetsCurrent 0000010795-25-000099	unverified
current_liabilities 2025-09-30	8313000000.0	2025-09-30 history	SEC XBRL LiabilitiesCurrent 0000010795-26-000035	unverified
current_liabilities 2024-09-30	8956000000.0	2024-09-30 history	SEC XBRL LiabilitiesCurrent 0000010795-25-000099	unverified
shares_out 2026-06-30	272386800.0	2026-06-30 history	SEC XBRL EntityCommonStockSharesOutstanding 0000010795-26-000035	unverified
shares_out 2025-06-30	286627469.0	2025-06-30 history	SEC XBRL EntityCommonStockSharesOutstanding 0000010795-25-000072	unverified
operating_income 2025-09-30	2579000000.0	2025-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-25-000099	unverified
operating_income 2024-09-30	2397000000.0	2024-09-30 history	SEC XBRL OperatingIncomeLoss 0000010795-25-000099	unverified
revenue 2025-09-30	21840000000.0	2025-09-30 history	SEC XBRL Revenues 0000010795-25-000099	unverified
revenue 2024-09-30	20178000000.0	2024-09-30 history	SEC XBRL Revenues 0000010795-25-000099	unverified
revenue 2025-09-30	21840000000.0	2025-09-30 history	SEC XBRL Revenues 0000010795-25-000099	unverified
revenue 2024-09-30	20178000000.0	2024-09-30 history	SEC XBRL Revenues 0000010795-25-000099	unverified
total_assets 2025-09-30	55325000000.0	2025-09-30 history	SEC XBRL Assets 0000010795-26-000035	unverified
total_assets 2024-09-30	57286000000.0	2024-09-30 history	SEC XBRL Assets 0000010795-25-000099	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2013	2013-09-30	8,054	1,293	6.49	paid	0001628280-15-008984
2014	2014-09-30	8,446	1,185	5.99	paid	0001628280-16-021658
2015	2015-09-30	10,282	695	3.35	paid	0000010795-17-000021
2016	2016-09-30	12,483	976	4.49	paid	0000010795-18-000036
2017	2017-09-30	12,093	1,100	4.6	paid	0000010795-19-000044
2018	2018-09-30	15,983	311	0.6	paid	0000010795-20-000055
2019	2019-09-30	17,290	1,233	3.94	paid	0000010795-21-000091
2020	2020-09-30	16,074	874	2.71	paid	0001628280-22-030686
2021	2021-09-30	19,131	2,092	6.85	paid	0000010795-23-000098
2022	2022-09-30	18,870	1,779	5.88	paid	0000010795-24-000084
2023	2023-09-30	19,372	1,484	4.94	paid	0000010795-25-000099
2024	2024-09-30	20,178	1,705	5.86	paid	0000010795-25-000099
2025	2025-09-30	21,840	1,678	5.82	paid	0000010795-25-000099

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-09-28	Feld Michael	officer	sale plan	76	183.70	13,961
2026-08-26	Feld Michael	officer	sale plan	165	188.49	31,101
2026-08-13	Polen Thomas E Jr	CEO	sale plan	4,152	185.00	768,120
2026-08-11	Goette Roland	Pres	sale	2,438	180.84	440,888
2026-07-27	Feld Michael	officer	sale plan	75	157.13	11,785
2026-06-26	Feld Michael	officer	sale	75	152.80	11,460
2026-06-24	Garrison Michael David	officer	sale	1,100	145.66	160,226
2026-06-10	Garrison Michael David	officer	sale	1,100	151.48	166,628
2026-06-01	Polen Thomas E Jr	CEO	sale	2,764	146.35	404,511
2026-05-26	Feld Michael	officer	sale	75	147.35	11,051
2026-04-27	Feld Michael	officer	sale	74	151.94	11,244

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/BDX; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.